SDVD

FT Vest SMID Rising Dividend Achievers Target Income ETF

$21.18
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) seeks to provide current income and long-term capital appreciation by investing in a portfolio of small- and mid-cap U.S. companies that have a history of growing their dividends.

Overview

ETF tracking FT Vest SMID Rising Dividend Achievers Target Income ETF

Category Value
Issuer Other
Inception Date 2023-08-10
Market Cap $617.5M
Average Volume N/A
Dividend Yield 7.06%
52-Week Range $17.64 - $24.07
VWAP $21.18

Performance

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Investment Summary

📎 Investment Objective

The FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) seeks to provide current income and long-term capital appreciation by investing in a portfolio of small- and mid-cap U.S. companies that have a history of growing their dividends.

🎯 Investment Strategy

The ETF tracks an index that selects companies based on their ability to consistently grow dividends over time. The portfolio is weighted towards companies with higher dividend yields and a proven track record of dividend increases. The fund aims to provide a steady stream of income while also capturing capital appreciation potential from the underlying stocks.

✨ Key Features

  • Focuses on small- and mid-cap U.S. companies with a history of growing dividends
  • Targets a portfolio of stocks with above-average dividend yields
  • Aims to provide both current income and long-term capital appreciation
  • Passively managed to track the FT Vest SMID Rising Dividend Achievers Index

⚠️ Primary Risks

  • Exposure to small- and mid-cap stocks, which may be more volatile than large-cap stocks
  • Dividend-focused strategy may underperform the broader market during certain periods
  • Concentration in a specific sector or industry could increase volatility
  • No performance history available due to the recent launch of the fund

👤 Best For

This ETF may be suitable for investors seeking a balance of current income and long-term growth, with a focus on small- and mid-cap U.S. companies that have a history of growing their dividends. It may be appropriate as a core or satellite holding in a diversified portfolio, particularly for investors with a medium to long-term investment horizon.